The deadly Corona Virus spreading within China and overseas, over 17,400 cases have been confirmed by the Chinese health department, unfortunately, 362 people died from the infection, the first death outside of China has been reported in the Philippines, many countries have closed their land borders and strict travel ban has been imposed.

On Monday when the markets opened, at the end of the lunar year holidays, Chinese stocks plunged 9%, $370 billion wiped out!  The Chinese government has responded with a massive liquidity package, more than $170 billion has been injected into the market. Lunar Year Holidays have been extended in many parts of China (by extra two weeks) to prevent further spread of the infection, as a result, many factories are closed, and production and consumption has declined dramatically, gasoline consumption, for instance, declined by over 20%.

How good is your surgical mask?

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Learn how and where the infection started

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